NEW YORK, Dec. 22, 2014 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, and its employees donated more than $11 million and 20,000 hours of volunteer service to New York-area nonprofits during 2014.
BNY Mellon's philanthropic focus on Powering Potential helps people in need by concentrating on basic needs and workforce development opportunities. BNY Mellon supports programs and initiatives designed to make local communities better places to live and work, particularly by targeting organizations that provide food, clothing, energy and housing assistance to those who need immediate help, and improve access to employment through job training and skills development. The company also supports returning servicemen and women through its Veterans Initiative and at-risk youth through a wide range of education and mentoring programs.
"We are committed to strengthening the communities in which our employees live and work," said Daisey Holmes, BNY Mellon's head of philanthropy and volunteer programs in the New York region. "We continue to combine our financial resources with the volunteer power of our employees to create meaningful and sustainable change for individuals, children and families in need."
In 2014, BNY Mellon and its employees volunteered more than 100,000 hours and donated more than $38 million worldwide. Learn more about the company's world-wide commitment to social responsibility at www.bnymellon.com/csr.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2014, BNY Mellon had $28.3 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.
SOURCE BNY Mellon